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Dec 22, 2012
12/12
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president obama tells republicans and democrats they have ten days to work out a fiscal cliff deal. and he says it's doable. tonight's market monitor guest is not scared off by cliff worries. he's buying stocks, saying the markets will do well in the new year. he's richard steinberg of steinberg global asset management. and warren buffett, the oracle of omaha has plenty to say on taxes and the fiscal cliff: we talk with his long-time friend and "fortune" magazine journalist carol loomis. that and more tonight on "n.b.r." some straight talk from president obama tonight about the fiscal cliff. speaking to reporters from the white house he said he's ready and willing to get a comprehensive packageone,ut it's up to republicans and democrats to make it happen. >> nobody gets 100% of what they want. everybody has to give a little. >> susie: the president also proposed a smaller package that prevents taxes for 98% of americans from going up and for unemployment insurance to be extended. he pressed lawmakers to agree on this in the next ten days. darren gersh has details. >> reporter: one d
president obama tells republicans and democrats they have ten days to work out a fiscal cliff deal. and he says it's doable. tonight's market monitor guest is not scared off by cliff worries. he's buying stocks, saying the markets will do well in the new year. he's richard steinberg of steinberg global asset management. and warren buffett, the oracle of omaha has plenty to say on taxes and the fiscal cliff: we talk with his long-time friend and "fortune" magazine journalist carol...
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Dec 22, 2012
12/12
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urged republicans and democrats alike to get it done. >> in the next few days, i've asked leaders of congress to work toward a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> congress is also in recess until after christmas. in his weekly address, house speaker john boehner accused the president and senate democrats of failing to offer a responsible solution. boehner's own proposal had to be pulled this week after he failed to get enough support from fellow republicans. >>> and the national rifle association promised meaningful contributions to avoid another tragedy like the one in newtown, connecticut. friday, the gun rights group unveiled that plan. nra executive vice president wayne lapierre says the u.s. should put armed guards in all schools. the comments came one week after 20 children and seven adults excludeing the gunman were killed in one of the worst mass shootings in
urged republicans and democrats alike to get it done. >> in the next few days, i've asked leaders of congress to work toward a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> congress is also in recess until after christmas. in his weekly address, house speaker john boehner...
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Dec 22, 2012
12/12
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house republicans do not trust barack obama. they just don't trust him. you mentioned the debt ceiling, they don't think he's negotiating in good faith on the fiscal cliff. so they just didn't touch speaker boehner when he went into these closed door meetings. and that kind of lack of trust, i think, was reflected in the fact that he couldn't get the 218 votes that he needed yesterday. but when i talked to him today, we kept in tact our virginity. we didn't vote for a tax increase. and that, i think, is the most important thing in terms of the brand of the republican party. the republican party has got to be an anti-tax party. >> i think the contrary would be that the brand has become one of obs innocence. he's met them half way on taxes and spending. but i think that's what the rest of the country wants to hear. they're sick and tired of the polarization. >> well, i think that's right. and, look, i do disagree with the characterization of president obama's compromise on spending cuts. there have been none. and i think that's a big problem when you have a
house republicans do not trust barack obama. they just don't trust him. you mentioned the debt ceiling, they don't think he's negotiating in good faith on the fiscal cliff. so they just didn't touch speaker boehner when he went into these closed door meetings. and that kind of lack of trust, i think, was reflected in the fact that he couldn't get the 218 votes that he needed yesterday. but when i talked to him today, we kept in tact our virginity. we didn't vote for a tax increase. and that, i...
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Dec 22, 2012
12/12
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today president obama met with senator harry reid. he gave a statement saying he expected republicans to come back after christmas before the end of the year to try again. mr. boehner gave his own statement saying maybe something could break the rules a little bit and start in the senate to fix the problem instead of starting with his side in the house. if that happens and they can put something together on the senate side that can pass the senate, and that can earn all of nancy pelosi's 193 democrats in the house, they would need, then, 25 republicans to defect and vote with all the democrats to save the country. to save us at least from a self-inflicted recession. they would need 25 republicans. among the republicans who did side with john boehner last night on one bill that he was able to pass before it all fell apart, among the republicans who were on john boehner's side last night were exactly 25 republicans who are not coming back to congress after this year, who are gone as of january and on whom the usual republican centrifuga
today president obama met with senator harry reid. he gave a statement saying he expected republicans to come back after christmas before the end of the year to try again. mr. boehner gave his own statement saying maybe something could break the rules a little bit and start in the senate to fix the problem instead of starting with his side in the house. if that happens and they can put something together on the senate side that can pass the senate, and that can earn all of nancy pelosi's 193...
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Dec 22, 2012
12/12
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president obama tells republicans and democrats they have ten days to work out a fiscal cliff deal. and he says it's doable. tonight's market monitor guest is not scared off by cliff worries. he's buying stocks, saying the markets will do well in the new year. he's richard steinberg of steinberg global asset management. and warren buffett, the oracle of omaha has plenty to say on taxes and the fiscal cliff: we talk with his long-time friend and "fortune" magazine journalist carol loomis. that and more tonight on "n.b.r." some straight talk from president obama tonight about
president obama tells republicans and democrats they have ten days to work out a fiscal cliff deal. and he says it's doable. tonight's market monitor guest is not scared off by cliff worries. he's buying stocks, saying the markets will do well in the new year. he's richard steinberg of steinberg global asset management. and warren buffett, the oracle of omaha has plenty to say on taxes and the fiscal cliff: we talk with his long-time friend and "fortune" magazine journalist carol...
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Dec 22, 2012
12/12
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walmart. >>> hey, one more thing about president obama potentially picking former republican senator chuck hagel to be secretary of defense in his second term. in 1998, as we just mentioned, chuck hagel opposed the nomination of james hormone male to be an ambassador because mr. hagel said hormel was aggressively too guy. well, chuck hagel apologized for remarks 14 years later when it might potentially screw up his nomination to head the pentagon. today greg sargent followed up. he asked if he accepted the apology. jim hormel said no. he said the apology was never made to him. it was only made publicly. it only had the appearance of being defense, not sincere, only in the service of his attempt to, quote, get the nomination. i do not know if president obama wants to nominate chuck hagel or not. but if he is, so far it's not going all that well. hi, i'm phil mickelson. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i tal
walmart. >>> hey, one more thing about president obama potentially picking former republican senator chuck hagel to be secretary of defense in his second term. in 1998, as we just mentioned, chuck hagel opposed the nomination of james hormone male to be an ambassador because mr. hagel said hormel was aggressively too guy. well, chuck hagel apologized for remarks 14 years later when it might potentially screw up his nomination to head the pentagon. today greg sargent followed up. he...
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Dec 22, 2012
12/12
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KQED
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president obama tells republicans and democrats they have ten days to work out a fiscal cliff deal. and he says it's doable. tonight's market monitor guest is not scared off by cliff worries. he's buying stocks, saying the markets will do well in the new year. he's richard steinberg of steinberg global asset management. and warren buffett, the oracle of omaha has plenty to say on taxes and the fiscal cliff: we talk with his long-time friend and "fortune" magazine journalist carol loomis. that and more tonight on "n.b.r." some straight talk from president obama tonight about
president obama tells republicans and democrats they have ten days to work out a fiscal cliff deal. and he says it's doable. tonight's market monitor guest is not scared off by cliff worries. he's buying stocks, saying the markets will do well in the new year. he's richard steinberg of steinberg global asset management. and warren buffett, the oracle of omaha has plenty to say on taxes and the fiscal cliff: we talk with his long-time friend and "fortune" magazine journalist carol...
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Dec 22, 2012
12/12
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he's still in a tight spot and the concern that the republicans have is that obama's panel strength and as we go over the cliff and tax rates go up. but i really think the buck stops with the president here. when you go into the negotiating sessions, paul and you're expected to make concessions, but you're expect today get something in return and boehner made a major concession on rights and the president is giving him nothing in return to take that to his caucus and say, this is what happened in the horse trading. it's all or nothing, obama seems determined to humiliate the opposition. >> paul: boehner made two concessions, first 800 billion on the table in revenue and don't raise rates when the president said no he, you've got to raise rates. he said okay, a concession on rates, an offer first we'll vote for a million dollar tax increase on those making more than a million dollars, but give me something in return. then, those negotiations went nowhere, so then john boehner went to plan b. and i mean, i think you sense at least when i talk to boehner's people the enormous frustration w
he's still in a tight spot and the concern that the republicans have is that obama's panel strength and as we go over the cliff and tax rates go up. but i really think the buck stops with the president here. when you go into the negotiating sessions, paul and you're expected to make concessions, but you're expect today get something in return and boehner made a major concession on rights and the president is giving him nothing in return to take that to his caucus and say, this is what happened...
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Dec 22, 2012
12/12
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republicans say president obama wants too much revenue. that's taxes in normal speak. and not enough cuts. >> at some point we have to address the spending problem we have. we can't cut our way to prosperity. we need real economic growth. many of us believe on both sides of the aisle the fundamental reform of our tax code will help us get your economy moving faster and put more americans back to work. how we get there god only knows. >> president obama doesn't see it that way. >> at some point there's got to be i think a recognition on the part of my republican friends th that, you know, take the deal. they will be able to claim that they have worked with me over the last two years to reduce the deficit more than any other deficit reduction package. >> the ceo of pimco, one of the world's largest investors in bonds. mark standee is chief investor at moody's. and christine romans, host of "your bottom line." gdp, the broadest measure of the economy grew at an annual rate of 3.1% over the summer. we just got those numbers this week. that's more than double the rate of pr
republicans say president obama wants too much revenue. that's taxes in normal speak. and not enough cuts. >> at some point we have to address the spending problem we have. we can't cut our way to prosperity. we need real economic growth. many of us believe on both sides of the aisle the fundamental reform of our tax code will help us get your economy moving faster and put more americans back to work. how we get there god only knows. >> president obama doesn't see it that way....
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Dec 22, 2012
12/12
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and so republicans can vote present, the middle class still gets their same rate, president obama gets what he wanted with the tax hike on the rich, and they can say, look, we gave him what he wanted. this is his now. >> you can't take $500 billion out of this year's economy without any serious consequences. i mean, it'll be about $500 billion. you can't, that's going to hurt. that could threaten the recession. >> there's no doubt if we go over the cliff and it stays there's a recession in the first six, possibly nine months, there's no doubt about it. >> they've got to make a deal. they've got to. >> i think what they're leaning -- part of the reason the president said what he said is that i think there is hope that they might do a patch, essentially. >> all right. >> so sort of -- and sort of lay out some parameters for -- >> a verbal agreement. a verbal? >> clearly a big -- a big deal is not happening. >> i've got to get out of here. >> we've been patching for two years. >> ever since ronald reagan came into office. anyway, dan greenhaus, thank you very much, karen, katie, please do
and so republicans can vote present, the middle class still gets their same rate, president obama gets what he wanted with the tax hike on the rich, and they can say, look, we gave him what he wanted. this is his now. >> you can't take $500 billion out of this year's economy without any serious consequences. i mean, it'll be about $500 billion. you can't, that's going to hurt. that could threaten the recession. >> there's no doubt if we go over the cliff and it stays there's a...
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Dec 22, 2012
12/12
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i am surprised that people did want to give barack obama a second chance. i think if the republicans had fielded somebody who actually told us what he was going to do and what he believed in why he should be president. we would not be having -- >> this is interesting. because around this table even, over and over again everywhere, republicans said, particularly republican women who defended mitt romney said, no. women care about the economy. if you disaggregate the economy and issues on the table and everybody was satisfied with the economy there is no way that you will not come away contraception, abortion, rights that people thought they had. if you want to get people mad, if you want to really get people out take away something they thought was safe. that's what women thought. they thought that our mothers didn't even have to worry about contraception. when they were young women they won 'boring. that is an issue that has not been on my agenda. they put it on their agenda and it was a solidifying because the economy that you all claim was going to do it,
i am surprised that people did want to give barack obama a second chance. i think if the republicans had fielded somebody who actually told us what he was going to do and what he believed in why he should be president. we would not be having -- >> this is interesting. because around this table even, over and over again everywhere, republicans said, particularly republican women who defended mitt romney said, no. women care about the economy. if you disaggregate the economy and issues on...
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Dec 22, 2012
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that was a feeling on the republicans part they couldn't successfully pin obama with going over the cliff. >> i never speak for the media. i speak only for myself. i don't know. it is going to really depend, don't you think? matt, you have a column back in december that said john boehner cat herder and i was thinking the cats got the better of the speaker. what do you think that means for his future? does he remain as speaker? does someone else come in and take over because it is an indication he can't control his own group? >> well, it certainly wasn't a vote of confidence. i think, john boehner was right. he gave that press conference today and said, you know, people like me, it is true, i talked to congressman and they like boehner and the problem is they don't respect him enough to listen to him and they don't fear him and it is sad if you think about it. there is a structural problem that i think is sort of implicit here. the conservative base doesn't trust the republican leadership, and therefore the republican leadership is never given the leverage to compromise, and therefore the
that was a feeling on the republicans part they couldn't successfully pin obama with going over the cliff. >> i never speak for the media. i speak only for myself. i don't know. it is going to really depend, don't you think? matt, you have a column back in december that said john boehner cat herder and i was thinking the cats got the better of the speaker. what do you think that means for his future? does he remain as speaker? does someone else come in and take over because it is an...
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Dec 22, 2012
12/12
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lesson two, the republican brand needs a hard look. the gop's favorable rating has been under water for two years. if you take that out, it's been nearly five years. just 36% of registered voters said they had a positive view of the republican party, 43% held a negative view. the democratic party was in positive territory just barely at 42% 40%. just 20 republican primary bids put harsh republican rhetoric on immigration. so now as the party debates whether to modernize or moderate, they have to save their image, that leads to lesson three, demographics are destiny. romney won a higher percentage of the white vote since any candidate since ronald reagan in 1984. he won by 20 point with whites, he won with women, 56% to 42%. but he lost the election, why? as the obama campaign predicted, the white portion of the electoral dropped. the president carried nearly 8 in 10 non-white voters including 71% of latinos, 73% of asian voters, a whopping 93% of black voters. it remains a real question whether the democratic nominee no 2016 will be ab
lesson two, the republican brand needs a hard look. the gop's favorable rating has been under water for two years. if you take that out, it's been nearly five years. just 36% of registered voters said they had a positive view of the republican party, 43% held a negative view. the democratic party was in positive territory just barely at 42% 40%. just 20 republican primary bids put harsh republican rhetoric on immigration. so now as the party debates whether to modernize or moderate, they have...
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Dec 22, 2012
12/12
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president obama moved closer to the republicans on rates, tax rates, and said that in terms of spending cuts, he was willing to make more spending cuts. all contrary to the representations' about his position that you may have heard. every time we are close to a solution, whether it was a year- and-a-half ago in the summer or right now, the republicans walkaway. when we thought we were close this week, republicans decided to follow another path, a path that led them over the cliff, a route in which they did not have the votes. that was then. this is now. let's go back to the negotiation table. we have no right to walk out the door of congress with no clear path to a resolution of this challenge. it is time to get back on track, back to the negotiating table. we must work together in a bipartisan way to create jobs, grow the economy, strengthen the middle-class, reduce the deficit, and to do so in a responsible way. we can and we must get the job done now. i am pleased to yield to the distinguished democratic legislator, steny hoyer. >> i thank the leader for her comments, and certainly
president obama moved closer to the republicans on rates, tax rates, and said that in terms of spending cuts, he was willing to make more spending cuts. all contrary to the representations' about his position that you may have heard. every time we are close to a solution, whether it was a year- and-a-half ago in the summer or right now, the republicans walkaway. when we thought we were close this week, republicans decided to follow another path, a path that led them over the cliff, a route in...
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Dec 22, 2012
12/12
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billboards pairing maggard with president obama. the kiss of death for tennessee republicans. flyers, newspaper ads. internet videos. >> both say they support our second amendment rights but they both worked against our freedoms behind closed doors. >> they prey on your fears and they know most people won't have the courage to stand up to them. >> reporter: but deborah maggard did and paid the price. she lost her race to the nra backed challenger. that's the way the nra has long operated, striking fear into the hearts of republicans and democrats alike. in this year's presidential campaign, republicans fell all over themselves to curry favor from the organization. >> it's great to be here with so many friends of the national rifle association. >> reporter: but is it different this time? >> everyone in this country at one time or another has loved a 6-year-old or a 7-year-old. and i think the nra for once, i think everybody is paying attention to how they operate. they have stifled meaningful discussion by using fear and intimidation tactics to keep people from saying the thing
billboards pairing maggard with president obama. the kiss of death for tennessee republicans. flyers, newspaper ads. internet videos. >> both say they support our second amendment rights but they both worked against our freedoms behind closed doors. >> they prey on your fears and they know most people won't have the courage to stand up to them. >> reporter: but deborah maggard did and paid the price. she lost her race to the nra backed challenger. that's the way the nra has...
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Dec 22, 2012
12/12
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this comes a day after president obama said he will pursue a less am by shougs budget deal with republicans. there is good news no matter what congress does to address the problem, it is too late for employers to with hold income taxes from paychecks next month. employers are going to with hold the tax for the 2012 rates. >> president obama is restricting the number of inaugural balls to the lowest number in 60 years. there will be only two official parties right now. there was 10 held the last time around. there will be a concert honoring military families held on saturday before the inauguration. >> before the ina ration christmas. we are three days away. the holiday came a little early for some people. the women's organization has been an outreach to families that have people that are ill or incarcerated. >> thank you for all the people have done. this is overpowering. >> tears of joy as the washington wizards and volunteers delivered bags of gifts to her home. >> my goal is not to just play barble but do things the community. >> his daughter recently passed away after a battle with canc
this comes a day after president obama said he will pursue a less am by shougs budget deal with republicans. there is good news no matter what congress does to address the problem, it is too late for employers to with hold income taxes from paychecks next month. employers are going to with hold the tax for the 2012 rates. >> president obama is restricting the number of inaugural balls to the lowest number in 60 years. there will be only two official parties right now. there was 10 held...
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Dec 22, 2012
12/12
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i am and republican, but obama won. democrats controlled to search. you have to give them a little bit. we are not going to get anything done. he wants to wait another year and revisit this. he already proposed we wait another year. nothing will get done in the next congress if there is another cliff coming up a year from now. let it go over the cliff. if i were a representative for a senator, i would go home so they go into effect forever. we have some trouble with his innocence. let it go over and let all the serious players in congress get a deal done. when people start playing the best paying a lot more money and moving their defense -- start paying a lot more money and moving their defense contracts, people will pay attention. guest: this is the interesting thing to me about the american electorate. i cannot tell you how many people and listen to have the same viewpoint as this gentleman. they say a pox on both of their houses. they are acting like children. they should have coal in all of their stockings. then you look at the elections. we elect
i am and republican, but obama won. democrats controlled to search. you have to give them a little bit. we are not going to get anything done. he wants to wait another year and revisit this. he already proposed we wait another year. nothing will get done in the next congress if there is another cliff coming up a year from now. let it go over the cliff. if i were a representative for a senator, i would go home so they go into effect forever. we have some trouble with his innocence. let it go...
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Dec 22, 2012
12/12
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it was president obama, he has to realize he won the election but the house of representatives, the republicans won the house of representatives. and he has to go back and turn the negotiations and, one thing, the republicans will not allow for a tax increase and are like that defensive line, the go line and, basically president obama cannot get in, and there is -- what we know is the republicans have agreed to increasing tax revenue but we need to have the spending cuts. if we don't get them under control, what will happen is, we are seeing consumer sentiment is done and businesses uncertain and the economy will stay sluggish and not grow. >> rick: richard, last word, 20 seconds. does the president move at all on entitlements and spending cuts republicans are demanding? >> my forecast is, we'll end up with increased taxes after january 1. for people making $500,000 and over and again, most republicans east see that as a cut and i think the president put spending cuts, medicare, medicaid, cuts, hasn't talked about it much and put them on the table and we will have one-to-one spending cuts, tax
it was president obama, he has to realize he won the election but the house of representatives, the republicans won the house of representatives. and he has to go back and turn the negotiations and, one thing, the republicans will not allow for a tax increase and are like that defensive line, the go line and, basically president obama cannot get in, and there is -- what we know is the republicans have agreed to increasing tax revenue but we need to have the spending cuts. if we don't get them...
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Dec 22, 2012
12/12
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KPIX
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president obama called on house speaker john boehner to come back to the negotiating table and avoid the "fiscal cliff." >> as of today, i am still ready and willing to get a comprehensive package done. >> the remarks came after speaker boehner failed to gather enough of his party's support to bring his so-called plan b to the floor for a vote. his proposal would have effectively raised taxes only on those americans making more than a million dollars a year. house and senate members will be back at the capital on december 27th looking for that solution. >>> wall street worried about the "fiscal cliff" talks, stocks closed sharply lower today. the dow dropped more than 120 points. the nasdaq fell 29 points. the s&p dropped, as well. >>> california cannot stop people from using the so-called conversion therapy to try to turn gay minors straight. the federal appeals court issued an emergency order late this afternoon putting the law banning the therapy on hold. the law was the first of its kind set to take effect january 1. licensed counselors and two families who say their teenaged son
president obama called on house speaker john boehner to come back to the negotiating table and avoid the "fiscal cliff." >> as of today, i am still ready and willing to get a comprehensive package done. >> the remarks came after speaker boehner failed to gather enough of his party's support to bring his so-called plan b to the floor for a vote. his proposal would have effectively raised taxes only on those americans making more than a million dollars a year. house and...
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Dec 22, 2012
12/12
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being republican. in 2008 he -- ran on the campaign for assault weapons ban but then if anything he loosened gun laws while in office. can only afford in a second term and if so does that taint any achievements he might have? >> no. if the president is able to -- the congress and the president are able to come together and pass meaningful gun control legislation, that's going to be a win for everybody. i certainly do think -- you know, he would make the argument, i think, in the first term obviously there were other issues that were, you know, more pressing in terms of the level of urgency and terms of jobs and economy. i think a lot of us were disappointed to see this measure and ideas, though, kind of fall to the wayside. i think we are all horrified that a tragedy like this is what it takes to bring us back to this. one key point i do want to make about the nra because i agree they -- fundamentally don't have the same kind of power that the -- preachio iopreviously di. one of the things they did for
being republican. in 2008 he -- ran on the campaign for assault weapons ban but then if anything he loosened gun laws while in office. can only afford in a second term and if so does that taint any achievements he might have? >> no. if the president is able to -- the congress and the president are able to come together and pass meaningful gun control legislation, that's going to be a win for everybody. i certainly do think -- you know, he would make the argument, i think, in the first...
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Dec 22, 2012
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. >>> president obama nominate john terry for secretary of state but will republicans support the nomination? >>> and tensions are running high. >>> and why is steep jobs' famous yatch being docked? that story much more ahead in the next half hour. but the top story, with congress in recess until christmas, it seems more likely than ever that the nation's economy will fall off the fiscal cliff. president obama is calling on congress to do just enough to change that. it's a change from his previous push for sweeping reforms. >> the american people re- elected president obama on election day. they also re-elected a republican majority here in the house. in doing so, they gave us all a mandate. it was not a mandate to raise taxes on families and small businesses. it was a mandate for us to work together to begin solving the massive debt that threatens our country's future. unfortunately, the president and senate democrats vowed to reject and vetoed all of our proposals while failing to offer responsible solutions of their own. >> the chance for any deal may now be up to the democratally control
. >>> president obama nominate john terry for secretary of state but will republicans support the nomination? >>> and tensions are running high. >>> and why is steep jobs' famous yatch being docked? that story much more ahead in the next half hour. but the top story, with congress in recess until christmas, it seems more likely than ever that the nation's economy will fall off the fiscal cliff. president obama is calling on congress to do just enough to change that....
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Dec 22, 2012
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obama's party. the president met with senate majority leader harry reid this afternoon and talked with speaker boehner to begin anew that effort to reach compromise. >> averting this middle-class tax hike is not a democratic responsibility or republican responsibility. with their foes the american people have determined that governing is a shared responsibility between both parties in this congress laws can only pass with support from democrats and republicans, and that means nobody gets 100 percent of what they want. lou: there are only ten days remaining to the fiscal cliff. president obama headed to vaue within actually minutes, and members of congress have also gone home for chrrstmas vacation already. in a news conference today, speaker boehner admitted negotiatns with the president have, indeed, been difficult. >> until the president on monday, these are my bottom lines. the president told me that his numbers, $1 trillion in new revenues, 850 billion in spending cuts was his bottom-line. he co
obama's party. the president met with senate majority leader harry reid this afternoon and talked with speaker boehner to begin anew that effort to reach compromise. >> averting this middle-class tax hike is not a democratic responsibility or republican responsibility. with their foes the american people have determined that governing is a shared responsibility between both parties in this congress laws can only pass with support from democrats and republicans, and that means nobody gets...
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Dec 22, 2012
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why pass that when we know harry reid will kill it in the senate or obama will veto it? why go out on a limb and abandon the idea that republicans never allow a tax hike for something that's just going to be an attempt at a strategic thing? the reason they thought it would fail was because it would involve trying to what i meblamf we went over the fiscal cliff, and republicans don't think the media would accept that narrative. you know better than i would how the media would react but that was the feeling on the republicans' part, they couldn't successfully pin obama with going over the cliff. >> i never speak for the media, i speak only for myself, and i don't know. it's going to depend. you have a column in december that said, john boehner, cat herder. i was thinking the cats got the better of the speaker. what do you think that means for his future? does he remain as speaker? does someone else come in and take over because it's an indication he can't control his own group? >> well, it certainly wasn't a vote of confidence. i think, look, john boehner was right, he gav
why pass that when we know harry reid will kill it in the senate or obama will veto it? why go out on a limb and abandon the idea that republicans never allow a tax hike for something that's just going to be an attempt at a strategic thing? the reason they thought it would fail was because it would involve trying to what i meblamf we went over the fiscal cliff, and republicans don't think the media would accept that narrative. you know better than i would how the media would react but that was...
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Dec 22, 2012
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proposed by obama almost like a parliamentary party was not rewarded. taking the debt ceiling hostage was not rewarded, calling the obama health care plan -- which was their own only a few years earlier -- socialism, was not rewarded. that means they have to begin to rethink themselves and, importantly, democrats will not automatically embrace the same tactics in opposition. so i think that was an important change that creates a new dynamic not that's going to solve our problems, there's going to be no sitting around the campfire in washington making nice to one another, but the possibility now exists for a real effort and a
proposed by obama almost like a parliamentary party was not rewarded. taking the debt ceiling hostage was not rewarded, calling the obama health care plan -- which was their own only a few years earlier -- socialism, was not rewarded. that means they have to begin to rethink themselves and, importantly, democrats will not automatically embrace the same tactics in opposition. so i think that was an important change that creates a new dynamic not that's going to solve our problems, there's going...
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Dec 22, 2012
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obama has done everything he can to convince the republicans to take a deal that under normal circumstances would be a huge victory for them. they are changing entitlement programs, protecting tax cuts for 99% of the public, getting trillions through the deal -- in the summer of 2011. that is a very much conservative victory. but obama can't seem to get boehner to say yes, i claim victory on this one. and it is remarkable that that is the second time he offered cuts to social security benefits, and boehner is not willing to accept it. >> what are the white house's terms once you hit january one. and will all the same stuff be on the table? or will the president simply demand a fix in the tax rates as a starting point, pass the bill that fixes the tax rates first, then you can come up here and talk about the other stuff. >> it is a great point. and you know one of the understated aspects of this whole negotiation process is how much unemployment insurance, the payroll tax cut, and infrastructure spending has kept the white house at the table. the administration wants those three things. now
obama has done everything he can to convince the republicans to take a deal that under normal circumstances would be a huge victory for them. they are changing entitlement programs, protecting tax cuts for 99% of the public, getting trillions through the deal -- in the summer of 2011. that is a very much conservative victory. but obama can't seem to get boehner to say yes, i claim victory on this one. and it is remarkable that that is the second time he offered cuts to social security benefits,...
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Dec 22, 2012
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if no deal is struck this year, president obama, what does he have? well, he's got the inauguration coming up. a big platform. he's got the state of the union address coming up. a big platform. he is going to have a better chance to have the american people on his side. president obama urged all members of congress to get some perspective over the holiday weekend on this. >> everybody can cool off. everybody can drink some eggnog, have some christmas cookies, sing some christmas carols, enjoy the company of loved ones, and then i'd ask every member of congress while they're back home to think about that. think about the obligations we have to the people who sent us here. think about the hardship that so many americans will endure if congress does nothing at all. >> that is a crucial point right there, folks. here is president obama. not saying, you know, boehner can't get his caucus together. i got my folks together. we're ready to rock 'n roll. we've got a deal right on the table for the american people. it's boehner, he is the problem. the president
if no deal is struck this year, president obama, what does he have? well, he's got the inauguration coming up. a big platform. he's got the state of the union address coming up. a big platform. he is going to have a better chance to have the american people on his side. president obama urged all members of congress to get some perspective over the holiday weekend on this. >> everybody can cool off. everybody can drink some eggnog, have some christmas cookies, sing some christmas carols,...
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Dec 22, 2012
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. >> republican house speaker said it is up to president barack obama and senate democrats to draft a deal. >>> growing pessimism about a deal getting tk-b sent stocks into a tail spin. the dow suffered triple digit losses and the nasdaq took a hit falling 29. california's unemployment rate is below 10% for the first time in almost four years. the latest unemployment rate dropped to 9.8% in november. down from 10.1 in october. jobless rate has not been this low since jan of 2009. some economists predicted california's unemphroeupl rate would remain in double digits through 2013. the fiscal cliff, mixed with lower unemployment and adding the mood with shoppers is leaving experts baffled by the direction of the economy. our consumer editor explains how the coming days could be critical. >>> consumer spending ins just released for november shows spending at a 3-year high. that was last month. last month, business investment in long-lasting machinery jumped more than expected. employment is up in all but five states. but, today's critical consumer confidence numbers are at a 5- month low.
. >> republican house speaker said it is up to president barack obama and senate democrats to draft a deal. >>> growing pessimism about a deal getting tk-b sent stocks into a tail spin. the dow suffered triple digit losses and the nasdaq took a hit falling 29. california's unemployment rate is below 10% for the first time in almost four years. the latest unemployment rate dropped to 9.8% in november. down from 10.1 in october. jobless rate has not been this low since jan of 2009....
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Dec 22, 2012
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she'd faced republican criticisms over the benghazi terrorist attack. president obama made the announcement this afternoon at the white house. >> i am very proud to announce my choice for america's next secretary of state, john kerry. in a sense, john's entire life has prepared him for this role. having served with valor in vietnam, he understands that we have a responsibility to use american power wisely, especially our military power. and he knows, from persol experience, that when we send our troops into harm's way, we must give them the sound strategy, a clear mission, and the resources that they need to get the job done. in an extraordinarily distinguished senate career and as chairman of the foreign relations committee, john has played a central role in every major foreign policy debate for nearly 30 years. as we turn the page on a decade of war, he understands that we've got to harness all elements of american power and ensure that they're working together-- diplomatic and development, economic and political, military and intelligence-- as well a
she'd faced republican criticisms over the benghazi terrorist attack. president obama made the announcement this afternoon at the white house. >> i am very proud to announce my choice for america's next secretary of state, john kerry. in a sense, john's entire life has prepared him for this role. having served with valor in vietnam, he understands that we have a responsibility to use american power wisely, especially our military power. and he knows, from persol experience, that when we...
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Dec 22, 2012
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and president obama is actually hopeful that something could still be pulled off. listen. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. call me a hopeless optimist. but i actually still think we can get it done. >> reporter: now, of course, if the senate were to pass something and reconvene on december 27th, don, it would also then need to pass the house. but the expectation is that whatever would be worked out in the senate, if it is, would pass the house hopefully not just with republican support, but it would need democratic support, as well. and just to be clear, the thing that president obama and speaker boehner were working towards was a much bigger package, trying to deal with deficit reduction that would have dealt with these tax hikes, spending cuts, trying to work out a plan for entitlement reform and tax reform. what's now being worked out is to avert those tax hikes. as president obama wants it, he wants it up to folks earning $250,000, and also wants to deal with u
and president obama is actually hopeful that something could still be pulled off. listen. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. call me a hopeless optimist. but i actually still think we can get it done. >> reporter: now, of course, if the senate were to pass something and reconvene on december 27th, don, it would also then need to pass the house. but the expectation is that whatever...
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Dec 22, 2012
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house speaker boehner gave the republican address. he talked about the so-called fiscal cliff. >> hi, everybody. as you gather with family and friends, michele and i wanted to wish you a merry christmas and happy holidays. >> we love this time of year. there is nothing like celebrating the holidays at the white house. it is an incredible experience that we try to share with as many folks as possible. this month more than 90,000 people will come to the white house to see the holiday decorations. this yours thing was joy to all. was joy to all. >> this week and parents are picking up their kids from college and making room for all the laundry they are bringing with them. kids are counting down the hours until their grandparents arrive. cousins and aunts and uncles aren't joining the family for the holiday spirit. -- are joining families for the holiday spirit. this year that is especially true for our military families. the war in iraq is over. after a decade of war, our heroes are coming home. all across america, military families are
house speaker boehner gave the republican address. he talked about the so-called fiscal cliff. >> hi, everybody. as you gather with family and friends, michele and i wanted to wish you a merry christmas and happy holidays. >> we love this time of year. there is nothing like celebrating the holidays at the white house. it is an incredible experience that we try to share with as many folks as possible. this month more than 90,000 people will come to the white house to see the holiday...
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Dec 22, 2012
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to get a deal done because they know that it has to happen and they know obama won the election and what they don't want is to have their fingerprints on it and if speaker boehner put on the floor something that would pass almost exclusively with democratic votes. >> right. >> i do not think there would be a revolt again. st speaker boehner because his members know he can't stop it and they'd be in a position where they can vote no and maintain their purity. i actually think the speaker is trying to be a constructive partner and he's just got a significant element in his caucus that will not vote for any new revenue. >> some might argue he's seen the revolt from the tea party section and constituency of the caucus right now. >> congressman, peter welch, thank you for stopping by. >> tomorrow we'll get another perspective from marcia blac blackburn, stick around for that. >> the only way to keep a monster from killing our kids is to invest in a plan of absolute protection. the only thing that stops a bad guy with a gun is a good guy with a gun. >>> all right. we heard that a little b
to get a deal done because they know that it has to happen and they know obama won the election and what they don't want is to have their fingerprints on it and if speaker boehner put on the floor something that would pass almost exclusively with democratic votes. >> right. >> i do not think there would be a revolt again. st speaker boehner because his members know he can't stop it and they'd be in a position where they can vote no and maintain their purity. i actually think the...
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much of a voice obama was forced to cater to a lot of the same people as the republicans because the how much money the republicans are raising so really you know no nobody wins in this equation one policy gets corrupted you know democrats get pushed towards corporations publicans get pushed towards corporations and to when politicians should be you know attending to the needs of people meeting with constituents debating policy their fundraising i mean every single lawmaker has to do what you know they call in washington d.c. call a time where they basically call people and beg for money if some people are spending half their time literally half their time sitting members of congress making calls asking people for money governing or attending their constituents this is the definition of i think a broken system well you said nobody wins but it seems that somebody does the koch brothers or with kelly adelson his way i mean he's you know. real quickly your thoughts on that we just have to say no you're absolutely right i mean michigan best example michigan chamber of commerce the big bu
much of a voice obama was forced to cater to a lot of the same people as the republicans because the how much money the republicans are raising so really you know no nobody wins in this equation one policy gets corrupted you know democrats get pushed towards corporations publicans get pushed towards corporations and to when politicians should be you know attending to the needs of people meeting with constituents debating policy their fundraising i mean every single lawmaker has to do what you...
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Dec 22, 2012
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john boehner and deliver the republican address. he talked about efforts to reach agreement with the president on the so-called fiscal cliff. >> this weekend as to gather with family and friends, michelle and i wanted to wish you a merry christmas and happy holidays. >> we both love this time of year, and there's nothing quite like celebrating the holidays at the white house. it is an incredible experience, and when we tried to share with as many folks as possible. this month, more than 90,000 people will come through the white house to see the holiday decorations. our theme for this year's holiday season was a joy to all, a reminder to appreciate the many joys of the holidays. the joy of giving, the joy of service, and the joy of homecoming. >> this weekend, parents are picking up their kids from college and making room for all the laundry they bring with them. children are counting down the hours until the grandparent's arrive. goggles, aunts, cousins are making their way to join the family ensure in the holiday spirit. >> that is
john boehner and deliver the republican address. he talked about efforts to reach agreement with the president on the so-called fiscal cliff. >> this weekend as to gather with family and friends, michelle and i wanted to wish you a merry christmas and happy holidays. >> we both love this time of year, and there's nothing quite like celebrating the holidays at the white house. it is an incredible experience, and when we tried to share with as many folks as possible. this month, more...
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Dec 22, 2012
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the republicans walk away. we thought we were closed this week, republicans decided to follow another path that led them over clef that they did not have the votes. that was then, this is now. let's go back to the negotiation table. we have no right to walk out the door with no clear path. it is time to get back on track. we must work together in a bipartisan way to create jobs, strengthen the middle class, reduce the deficit, and do so in a responsible way. we can and we must get the job done now. >> i thank the leader for her comments, and certainly agree with her. last night's vote showed us the resolving the challenge of the fiscal cliff cannot and will not be done with a partisan vote. it showed us that we must work together in a bipartisan way, he and that we must preclude going over the fiscal cliff, by a balanced agreement that democrats and republicans him support, the president can sign, and that can pass the senate. we should not seek taxes go up on working-class americans. we should not see doctors
the republicans walk away. we thought we were closed this week, republicans decided to follow another path that led them over clef that they did not have the votes. that was then, this is now. let's go back to the negotiation table. we have no right to walk out the door with no clear path. it is time to get back on track. we must work together in a bipartisan way to create jobs, strengthen the middle class, reduce the deficit, and do so in a responsible way. we can and we must get the job done...
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Dec 22, 2012
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. >> president barack obama: averting the middle class tax hike is not a democratic or a republican responsibility, with their votes the american people determined governing is a shared responsibility. between both parties. >> gregg: national correspondent steve centanni is live in washington. anything happening at all, before christmas? >> reporter: no. not much, gregg. the house is shut down through christmas and even as we get closer and closer to the fiscal cliff. no deal was reached this week that would keep taxes from going up for everyone at the end of the year and john boehner accusing the president of ducking the central issue in the fiscal stand off. >> what the president offered so far, simply will not do anything to solve our spending problem. and, begin to address or nation's crippling debt and instead he wants more spending and more tax hikes, that will hurt or economy. and refuses to challenge the members of his party to deal with entitlement reform and big issues facing our nation. >> reporter: he suggests the ball is now, basically in the democrats' court. gregg. >> gregg: will th
. >> president barack obama: averting the middle class tax hike is not a democratic or a republican responsibility, with their votes the american people determined governing is a shared responsibility. between both parties. >> gregg: national correspondent steve centanni is live in washington. anything happening at all, before christmas? >> reporter: no. not much, gregg. the house is shut down through christmas and even as we get closer and closer to the fiscal cliff. no deal...
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Dec 22, 2012
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by creating civil war among republicans over the tax issue, which is exactly what happened. he said the 1 requirement i have for any deal is hiking tax rates. the reason that boehner was not able to do plan b was because it involved breaching the principle, which she did openly and said he was ready to do it. then conservatives said they would not do it. that is now a fracture in the party that will be extremely hard to reconcile. if you can not, how did you get a deal done before january 1? i am not sure they can be done that is essentially the problem the president faced with boehner two years ago, last year. can he deliver? how can you negotiate with someone who cannot deliver his side? >> you go to people for support, at least three of whom have lost their committee assignments. how can you expect them to come into your way of thinking? >> and they were growing when john boehner went down, taking some delight, but that was cleared, that was pre-cleared by the leadership. the leadership was with them. this is not a question of -- quite bluntly, leaving and losing their vi
by creating civil war among republicans over the tax issue, which is exactly what happened. he said the 1 requirement i have for any deal is hiking tax rates. the reason that boehner was not able to do plan b was because it involved breaching the principle, which she did openly and said he was ready to do it. then conservatives said they would not do it. that is now a fracture in the party that will be extremely hard to reconcile. if you can not, how did you get a deal done before january 1? i...